Ola To Invest Rs. 2,400 Crore In TN, To Set Up “World’s Largest Scooter Manufacturing Facility”
After seeing its ride-hailing business be battered by the coronavirus pandemic, Ola is moving into a whole new sector: manufacturing. Ola has said…
Tag: ola
India Caps Uber, Ola Commissions To 20%, Limits Surge Price To 1.5x Of Base Fare
After years of uncertainty, India appears to have gone ahead and regulated its cab hailing industry. India’s Transport Ministry has amended the Motor…
Highest Funded Startups in India In 2017
The murmurs in entrepreneur circles about funding slowdown is still persistent. There are talks about bursting the startup bubble. The flames of uncertainty is still recurring, on top with the change of dynamics in startup ecosystem. However, when the country’s economic growth and purchasing power of people are on synchronized rise, there can be no dearth of funding. 2015 was a very good year, and 2016 is for taking things slow. But there is no stopping for the VC companies. Read our list of the top 10 most funded startups and get a dose of motivation for free!
In A Strange Turn Of Events, Uber Is Now An Investor In Ola
Modern businesses are notoriously complex entities. They transcend geographies and political boundaries, and can often have a confusing set of investors and partners. So when things happen in one business, they can impact other unrelated businesses – often with surprising results.
Breaking: Karnataka Govt. Asks Uber, Ola To Stop Operations With Immediate Effect
The Karnataka transport department the department has issued a circular stating that the aggregators who are operating un-licensed cabs in the city will have to stop operations with immediate effect.
Ola Drivers Protest In Chennai Over Reduced Incentives
Nearly 100 Ola drivers have been protesting at the company’s office in Chennai. The drivers are unhappy with Ola’s policies which have recently come into effect.
Uber Is Suing Ola For $7.5 Million Over Fake Bookings
In addition to the roads in the cities around India, Uber and Ola will now battle it out in the courtroom. Uber has sued Ola for $7.5 million for trying to sabotage its platform by repeatedly making fake bookings and then immediately cancelling them.
18 Cabs Impounded In Delhi On First Day Of Surge Ban; Citizens Complain Of Commuting Woes
The Delhi government had yesterday announced that it had banned surge pricing in the city, and it seems to be quite serious about implementing its ruling. 18 cabs belonging to Uber and Ola were impounded in the city today for overcharging customers.
Bangalore Citizen Gets 50% Refund From Ola After Complaining About Surge Pricing
While Bangalore’s taxi aggregators are continuing to charge surge pricing rates despite a government order, it turns out that there’s now a way to get a refund – complaining to customer care.